312 Lakewood DR, Burnet TX 78611

The comparable sales data (7 recent transactions in 78611) supports an estimated value of $294,187. The data suggests a list price between $288,000 and $300,000 would attract qualified buyers without leaving money on the table. This home's position in the current 78611 market: the most expensive of 2 comparable homes on the market among comparable properties. At 822 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1960 (18 years older than comps) is factored into the value estimate. 2 similar homes are currently available in 78611, creating a buyer's market for this price range. Prices in 78611 have fallen 4.3% over the last 6 months. A similar home at 601 Lakeshore LOOP, Tow TX 78672 carries an adjusted comparable value of $260,750, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78611. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group